Risk comes from not knowing what you're doing.
( Warren Buffett )
What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
( William O'Neil )
Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.
( Warren Buffett )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
The hard part is discipline, patience and judgement
( Seth Klarman )
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
( Warren Buffett )
I can calculate the motions of the heavenly bodies, but not the madness of people.
( Isaac Newton )